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Microsoft and Alphabet tumble, Skechers and AMD climb

NEW YORK — Stocks that changed almost or traded heavily Friday on a New York Stock Exchange and a Nasdaq batch market:

NYSE

Skechers USA Inc., adult $1.93 to $32.73

The shoe association reported a bigger distinction and larger sales than approaching in a initial quarter.

Norfolk Southern Corp., adult $8.70 to $91.33

The railroad’s quarterly distinction rose as it slashed costs, and a income fell a bit reduction than expected.

Boston Beer Co., down $13.90 to $159.41

The brewer cut a annual foresee and pronounced sales foe is adult and consumers are some-more meddlesome in accumulation and innovation.

Hanesbrands Inc., adult 37 cents to $28.55

The underwear, T-shirt and sock builder posted a bigger distinction than investors expected.

Nasdaq

Advanced Micro Devices Inc., adult $1.37 to $3.99

The chipmaker’s sales were stronger than analysts approaching and it foresee plain formula for a stream quarter.

Alphabet Inc., down $42.23 to $737.77

The Google parents’ first-quarter formula unhappy investors as a normal cost of a ads fell.

Microsoft Corp., down $4 to $51.78

The tech hulk reported a warn dump in distinction and income as a business module and Internet-based services did worse than expected.

Starbucks Corp., down $2.96 to $57.68

The coffee chain’s sales expansion unhappy and it warned that a transition to a new consumer rewards module could be bumpy.

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Article source: https://www.washingtonpost.com/business/microsoft-and-alphabet-tumble-skechers-and-amd-climb/2016/04/22/5f2d5178-08d2-11e6-bfed-ef65dff5970d_story.html

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